Little Elm TX October 2008 Real Estate (Residential) Housing Report.
40 closed (Sold) transactions.
Currently 257 homes available on the market.
Lowest $96,000
Average 4 bedrooms. 2,150 square feet at $149,000. DOM 592.
Highest 6 bedrooms. 7,100 square feet for $960,000. It took 349 days to sell.
Total real estate value of $5,987,992 not including real estate sales
not listed on the MLS systems such as for sale by owners and home builders.
Average DOM Breakdown and Average % of List Price received on
Solds by Market time:
Information provided is deemed reliable and taken from the North Texas Real
Estate Information MLS Systems.
| 18 |
8 |
5 |
4 |
5 |
| 45.00 |
20.00 |
12.50 |
10.00 |
12.50 |
What to take away with this market report:
It is important to note that PRICING is key when reading this report.
The highest success of selling your house also takes
the least amount of time (30 days or less).
When comparing to the same month last year (2007),
53 sold transactions (in 2007)
Lowest $32,000
Average 4 bedrooms. 2,300 square feet at $180,000. DOM 84.
Highest 6 bedrooms. 5,100 square feet for $950,000. It took 282 days to sell.
Total real estate value of $8,995,535 not including real estate sales
not listed on the MLS systems such as for sale by owners and home builders.
The Absorption Rate* for Little Elm, TX real estate market is approximately
28 weeks or 7 months.
How To Digest ALL These Information
The Absorption Rate is the time it takes to sell the available inventory at its
present rate. It would take Little Elm TX real estate 7 months to sell its
available inventory at its present rate. Little Elm TX's busiest real estate
season is from April until August. As we get
into the winter months, the sales performance will slow down.
This information is deemed correct for the
Little Elm TX real estate market as an
entity. Each community and neighborhood has its own numbers, and average days on
market. To find out about your specific information, please contact me for
further details.
It is a competitive market
at Little Elm
TX. Hence it is important that you
choose to work with the realtor who knows these communities like none other. I
employ a
systematic market approach in selling
your home - an intentionally unique proposal that most real estate agents do not
use. If you care to be on your way to a successful closing, contact me
immediately to see how different my proposition will be.
I proudly serve and sell real estate in the northern suburb cities of the
Dallas metroplex. If you are thinking about purchasing or selling your home in
neighborhoods of Frisco, Plano, Dallas, McKinney, Allen, Little Elm, Prosper,
Celina, Richardson, Dallas M-Streets, Dallas White Rock Lake area and other
surrounding areas and more importantly, want to work with a local area expert,
contact me immediately.
Value your Little Elm Dallas TX Home Now
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Much to your success...
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*************************************************************
Contact:
Loreena Yeo
Realtor®/ Broker of 3:16 team REALTY
(214) 783-2210
loreena@loreenayeo.com
Copyright © 2008 by Loreena Yeo (3:16 team REALTY). Little Elm TX October 2008 Real Estate Market Report.
Do Not Copy. Serious actions will be taken. Re-blog is allowed
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